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of goes to at what's at the heart of constitutionalism and rule of law, and looking back at the list of things that you listed. in the course of that conversation after a long discussion about the constitutionalism, a center. essentially blackmun turns to moyers and says it's really the preamble that breathes life into the constitution. and i wondered whether that's a point of view that you hold and whether you think it has relevance in the situation we're talking about now. >> , preamble, we the people and united states, et cetera, i used to be able to quote it, i don't think i can now. anyway, it's written down. and the preamble is important saying we the people. but is not the only thing. and i say that because i do think, i had a very interesting conversation in china, i thought. i've gone there twice. the first time was a few years ago, maybe eight or 10, when we went to beijing and then we went to shanghai. and in shanghai we are asked to meet with a group of businessm businessmen, and these businessmen have all been involved in the.com. they lost a lot of money. most of them h
. president vladimir putin has signed a new law banning those adoptions, leaving shocked adults and children wondering what will happen next. here is nbc's kerry sanders. >> reporter: cindy and dennis boyer were weeks away from adopting baby adeline. they met the almost 2-year-old recently as they visited her russian orphanage. but now vladimir putin has signed a law that despite mounds of paperwork and thousands of dollars already spent, all the more than 1,500 adoptions currently under way and any future adoptions are permanently cancelled. >> she's for a home, ready for a family, ready to be loved. >> reporter: why the new adoption law signed so publicly? russian authorities say some of the adopted have been abused or died. one unruly boy was even sent back on a plane alone to russia. also at play here say u.s. experts, retaliation. a visa ban on russian officials accused of human rights violations. >> they're retaliating by holding hostage orphans that otherwise would have homes in the united states. >> reporter: the state department says we deeply regret russia's decision. >> i would as
be governed by sharia law, have no fear. republicans are keeping us safe from something that was never going to happen anyway. that and other low lights there 2012 in the "sideshow." >>> and finally my hopes for the upcoming year, especially from the president. this is "hardball," the place for politics. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which i
in a couple of days, the losses of every american's paycheck will get a lot smaller. -- the law assays that every american's paycheck will get a little smaller. but congress can prevent it from happening, if they act now. we may be able to reach an agreement that can pass both houses in time. but if an agreement is not reached on time, then i will urge the senate to hold an upward bound to vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job, and lays the groundwork for future progress. such a proposal could pass both houses with bipartisan majorities, as long as these leaders allow to come to a vote. if they still want to vote no, that is their prerogative. but they should let everybody else vote as well. that is the way this is supposed to work. we cannot afford a politically self-inflicted wound to our economy. the economy is growing. the folks you sent to washington have to do their jobs. the housing market is healing, but that could stall if folks are seeing smaller paychecks. unemploym
of the bill, but says he sees no reason not to sign it. the law is a big deal for many americans. nearly a thousand russian children were adopted here in just the last year alone. the move is largely seen as retaliation for a law president obama signed that restricts russian human rights abusers from traveling to the u.s. >>> our fourth story "outfront" tonight, arming our school principals. a proposal by arizona attorney general tom horn to give guns to school principals is gaining some support. horn says school shootings like the one in newtown, county, could be prevented if a school employee were armed and trained to use a gun. at least 36 investigators and three sheriffs are now backing the proposal, including sheriff paul babu of arizona, who's written, "the nra is correct. we need a cop in every school. we have a people problem, not a gun problem." sheriff paul babeu is "outfront" tonight. thank you for joining us. >> thank you, john. >> sheriff, i understand the attractiveness of this proposal, an armed guard, a school member training with a weapon. but let's look at the facts, go
is adamant new gun laws are not the answer to stemming violence, down slightly from a year ago. on the other hand, a poll by "the washington post" and abc shows 52% of americans favor banning semiautomatic weapons, 59% support banning high-capacity clips. "outfront" tonight, roland and margaret. good to see you guys. margaret, i know that you grew up hunting, your dad took you hunting in colorado. one of the sea changes we've seen in the wake of this shooting is senators like joe manchin, mike warner, saying i've changed my mind, joe manchin saying, i've never hunted with more than three shells in a clip. why isn't this a conversation we can be having more broadly? and getting republican senators on board? >> i would also point you to the democratic governor of colorado in the wake of the aurora shootings also said, i'm not sure if an assault weapons ban would have stopped james woolsly in this mass certificate in colorado. an assault weapons ban wouldn't have stopped him. it's not just a republican or democratic issue. in 1994, the democrats took a huge political walloping -- do you like th
laws allowing teachers to have guns. this week they were holding training for teachers as they have for ten years, but this year it's ten times as popular, say some of the is instructors. joining also some clark oposian, whose group put on the education, and dennis vac rockle p what are teachers telling you? >> they've had an emipiphany of sorts. the only training so far has lock the doors and hide behind the desk. we need to give them another option. we had about 200 teachers, other school employees as well. >> you've down this a long time. what percentage after the training end up getting guns. >> some of them already have firearms. i don't know, but the majority of those that i still communicate with, they have their firearms and carrying in schools. >> listen to one teacher that went through the training. >> now, especially, i'm thinking this would be a great opportunity to probably the children, protect the classroom and the teachers if that opportunity arose. that's the reason i'm here. >> what's the reaction to that. they fair carrying concealed weapons inside schools. >> wel
under federal law to notify the legislative branch that, fact, they are going to come up against the deadline, precisely why it is -- >> uses the phrase default. we are not going -- the u.s. government isn't going pay its debts. we are going to be like greece. that was -- everybody -- both sides, by the way, republicans and democrats, both used the phrase default. you know perfectly well how it works in the government. you can make choices. >> i hate to break the news to you but -- i don't think anyone other than watching cnbc anyone actually cares and nobody believes the federal government will not pay social security or other debts. >> are you kidding me? i think they do. that's what they start with. right? start with the social security checks aren't going to go out. then -- what do people do, call their congressmen? the elderly get frightened. they think they won't have their weekly paychecks. >> this would not be the first time anyone from the executive branch tried to scare senior sit sense what do we do? we are going over the cliff. do you think we are going over cliff? >>
this shows a lack of judgment by the newspaper, and i think that we should not be stigmatizing every law-abiding gun owner out there and i think particularly after newtown, let's engage in a conversation about sensible policies that going owners, including probably many of these people whose names were printed in the paper and most americans agree on, like background checks for all gun sales and getting military style assault weapons off the streets and other sensible policies. >> the interesting thing about this, apparently these gun permits are for handguns only because you can't find out who owns let's say a semiautomatic assault rifle. those things aren't made public. why is that? >> well, that is a serious problem, the gun lobby has exerted its pressure to keep a lot of very important crime gun data secret, for example, there are restrictions which now prevent us from finding out which gun dealers supply most crimin criminals. gun lobbyists shut it down with friends in congress which protects corrupt gun dealers. most law-abiding gun dealers would like to expose the bad ones. >> so
and better from my perspective, he's not the nominee to begin with. >> rush limbaugh did call a law student a slut and a prostitute for wanting to have insurance covered for her contraception. i presume you wouldn't view what as absurd or entertaining, you'd view that as pretty offensive. >> of course not. of course, as i said before. i want to spend my time talking about how we can grow the economy. what i'd like to talk about which is offensive, which is governor romney out there for almost a year telling the people in the republican primary that he never advocated that romneycare would be a federal model, that he never advocated for an individual mandate that government at the federal level require people to buy insurance. now we find on several occasions just in the past week article after article, interview after interview where governor romney did just that in 2009. now, to me that's offensive. >> is he a liar then? >> well, this goes to the snobbish issue, which is he clearly did not tell the truth, that you don't necessarily go and, you know, accuse the person on a personal level, y
its attention to renewing a controversial surveillance law. they spent hours on this yesterday. some people say it violates the rights of americans. we'll look at the pros and the cons. stay with us. harris: new information about the u.s. soldier accused of killing 16 afghan villagers in a predawn rampage. the u.s. army is now saying it will seek the death penalty against staff sergeant robert bales. he faces premeditated murder and other charges in the attack on the villages that left 16 people dead among them women and children in southern afghanistan. that happened back in march. the attack drew such angry protests in the country the u.s. temporarily halted combat operations there. bales says attorney says his client should not serve the death penalty because he was serving the fourth deployment in a war zone. he is serving in fort lewis mccord in washington state. let's talk with a former prosecutor. >> thanks for having me. harris: let's start with what the defense team is saying. multiple deployments are a defense. why? >> they're saying because of multiple deployments there wa
americans from adopting russia children. i can't believe this happening in retaliation law for cracking down on russia human rights vialators. >> these children are not available to international adoption until after they have been on a domestic registry for eight months n our son's case, 22 families, russia families came to see him and rejected him because of his blood line. >> julia: this woman was on o'rielly and laura ingraham was hosted it . she had adopted two russian children. she doesn't know if they will see the boy. they have gone over there constantly to get close to the little boy. more than 60,000 russian children have been taken in by americans in the past two decades. massive winter storm that killed 16 people so far continues to move over the northeast. it is expected to head into canada today as many travelers are trying to get home after christmas. they had flights cancelled all over the place and delaying 8000 more. many northwest states saw a foot of snow . in vermont, 21 inches. hard-hit arkansas, 200,000 homes and businesses lost power. the bush family said, put away th
to this crisis. we're talking about the fiscal cliff. >> it hasn't got ensigned into law. there's no success yet there. >> boehner should move it tomorrow. he should just do that. >> jonathan? >> listen, the president campaigned on a three to one spending reduction and we're not see anything spending here. democrats controlled two-thirds of the chips. >> joy ann, why is this all about taxes? >> one reelection and the -- it doesn't do that much spending. >> it's been all about taxes. >> all about raising taxes. >> there's this obsession with raising taxes. >> it was to go after school lunches and elderly care, health care for poor kids and increased spending. >> no, no, no, they want entitlement reform, joy ann. why this obsession with cutting old people's medicare? >> it's not an obsession about cutting benefits to the elderly, joy ann. it's about reforming medicare over time so at some point in the future we don't tell an 80-year-old you know what? you're not going get the medicare cha you thought you would have. this is about not hurting the elderly. >> the republican solution is to hand 80-ye
that has the right of entitlement other than we're entitled to equal protection under the law and equal opportunity. that's an entitlement for all americans, no matter your income, no matter your background, no matter your ethnic group, religion or sexual orientation. that's what we fought for in 2012. and that's what we're determined to keep the fight on in 2013. i'll be there and i hope you're there with us. as we go forward. thanks for watching. i'm al sharpton. please join us monday, new year's eve, at 6:00 p.m. for the second annual revvie awards. on behalf of everyone here at politics nation, have a safe and h happy new year. "hardball" starts right now. >> deal or no deal. let's play ""hardball." >> good evening. i'm richard wolf in for chris matthews. at the 11th hour, just when people were starting to lose hope, the president met with congressional leaders this afternoon and declared he was modestly optimistic about a deal on taxes. speaking in the white house briefing room, president obama condemned congress for failing to resolve its differences in any normal way. >> christin
they didn't commit a federal crime or were sentenced far longer than the law allows. >>> the health care sector is vulnerable to hackers. hospital commutersputers and medical divisions have holes that could cause hackers to get patient's information. >>> obesity may be declining for the first time. the age of obese obese children age 2-4 fell. >>> and netflix is blaming amazon for an outage. netflix says it was traced back to a amazon web services. >> the cloud does not always protect you. >>> storm clouds still over the bay area. the heaviest rain showers have left us but we still have scattered showers and they are going to continue throughout the afternoon. so you're going to need and umbrella. here's a live look at our hi- def doppler. want to zoom in towards the south bay. that's where we're actually seeing a good sized cell now moving over parts of san jose, 880, 101, and 280. here's a look at your forecast over the next several days. we have a dry break by tomorrow and rain returns friday into saturday. >>> this national weather report sponsored by macy'
-bye to the safest air travel ever, and we say hello to over 400 new laws. "early today" starts right now. >> announcer: this is "early today" for tuesday, january 1st, 2013. >>> good morning, on this first day of january, i'm bill karins. now it's all up to the house today. they're expected to take up a senate measure approved just hours after midnight and it's halting an enormous tax hike for all but the wealthiest of americans from taking effect. nbc's steve handelsman has all the latest details from capitol hill where it's been a very long night. good morning and happy new year to you, steve. >> reporter: bill, thanks. up here on capitol hill, members of both political parties who badly want these middle class taxes rolled back fast, quote, what the senate did this morning makes it easier for house republicans to follow suit. it was a rare bipartisan senate vote. 89-8. two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans
this law victimizes children to make a political point. the u.s. is the biggest destination for adopted children. some 60,000 of them have been given homes by americans since the fall of the soviet union. there's nearly 52 children in the process of being adopted by american families right now. in some cases, families who have been waiting years to complete the adoption process. this new law will block those kids from leaving russia. meaning, they will not be coming to the u.s. and given a new home. and so far, the u.s. has not responded. josh? >> thank you. amy? >> heartbreaking story, josh. >>> we have breaking weather news, though. much of the country under a blanket of snow. and sam's telling us, there's more snow on the way. >> watching this storm develop this morning, amy. good morning, everybody. 64% of the country now has the white stuff on the ground. let's look at pictures out of maine, and the storm exiting that area. caused gusting winds up and down maine. killington, vermont, coming in with 18 inches of snow. some places in vermont with 27 inches of snow. as we said, the gu
to honor those firefighters who died. today's arrest shows how seriously law enforcement is about going after anyone in trying to prosecute them, who are connected with this terrible crime, even though, david, the shooter himself is dead. >> such a horrific plot. ron, thanks to you. >>> with millions of americans on vacation this holiday, an unwelcome headline for hundreds of apparentlies on -- passengers on two separate cruise ships. their holiday trips turned into a nightmare when many of them became very sick. matt gutman is in miami. >> reporter: it advertises comfort, luxury, and fine dining. >> now sailing on the grandest ocean liner ever, the "queen mary 2." >> reporter: but now the colossal ocean liner is one of three cruises just this week to be rocked by mass outbreaks of the stomach flu. 194 "queen mary" passengers reported contracting the bug, believed to be the highly contagious norovirus. >> it can even resist most of the disinfectants that are normally used to clean environmental surfaces. >> reporter: so you can just touch something like this and put it to your mouth and
shows how seriously law enforcement is going after anyone connected to the terrible crime even though the shooter is dead tonight. >> ron, thanks to you. >>> with millions of americans on vacation this holiday, an unwelcome headline for passengers on a cruise ship. their holiday trips turned into a nightmare when many of them became very sick. >> reporter: it advertises comfort, luxury and haute cuisine. >> now sailing on the grandest ocean liner ever, the "queen mary 2." >> reporter: but now the colossal ocean liner is one of three cruises just this week to be rocked by mass outbreaks of the stomach flu. 194 "queen mary" passengers reported contracting the bug, believed to be the highly contagious norovirus. ngets it can even resist most of the disinfectants that are normally used to clean environmental surfaces. >> so you can touch something like this and put it to your mouth and get the virus? >> right. >> reporter: and, tonight, the -- there's no treatment. the captain suggested they stay clear of the buff eight. tonight the cdc is investigating why nearly 200 people were stricken
.c. laws in an interview with nra leaders? coming up next. >>> the syrian regime suffers another high level defection. lisa sylvester is monitoring that. >> well, syria's military police chief reportedly has fled to turkey on a scooter after plotting his escape for three weeks. in a video posted online, a man purporting to be the police chief accuses the government of carrying out massacres of innocent civilians and he says the military is nothing but armed gangs that kill. he says is he defecting to, quote, join the people's revolution. and the recovery in the housing market remains on pace. home prices rose 4.3% in october over last year, that is it the biggest percentage increase in more than two years. near record low mortgage rates and fewer foreclosures are helping spur sale which is in turn is boosting prices. and the world's longest high speed rail line is up and running and it's in, where else, china. the 1428 mile line spans more than half the country linking the capital of beijing to the southern chinese bloom city. trains will run at 186 miles per hour. >>> and civil rights icon
. critics say it restricts freedom and expands the influence of islamic law. president morsi and supporters says moderate democratic state in fighting depression, dictatorship, nepotism and corruption. the holiday shopping season is drawing to a close so bring on the after christmas deals and you can bet retailers will do whatever they can to get you back in their stores. because overall, holiday sales numbers are way way down. context and perspective from the fox business network ahead. plus, the healthcare overhaul. the super size drink ban, remember that. and the west nile virus some of the stories making health headlines in 2012. a look back when we come back. >> harris: just into fox news, commenting on his condition. situation. former president bush 88 years old has been in the hospital for about a month and we learned today doctors have put him in the intensive care unit. >> the president was admitted to the -- icu, the intensive care unit at methodist on sunday. he has been dealing with a series of set backs that includes a persistent fever and and doctors are doing everything they
will create record vak kiss on the laws. >> which stocks specifically are going to suffer in home depot, radio shack, possibly shorts authority, some of the other office supply category killer stores. >> let me go in mr. glass half hull. anybody coming through had. as mentioned referenced so well. you also have you are even outfitters tutting it on ol centr retailers who have not reinvested back in the business are secularly having the shoppers shift away from them. they are going to have a tougher time. >> i think it's too late to save herb greenberg's bet with brian sullivan for this year, but you were on our show just recently, and you've turned positive for j.c. penney. >> i was a lot more positive at 17 than i do 21 and i do think the middle will do better than the upper end or the bottom. the upper end retailers will get hurt because of the tax rates and the lower end hurt because of social security taxes. guys in the middle will do better. the place to be will be the mossle so thenny's will have better numbers in q q4. >> felt like we were talking to stadler on this one. >> does that ma
home. >>> all marriage problems come down to one of five areas -- money, sex, in-laws, communication and children. when kay and i got married, we went 5 for 5 in the first month. and our marriage was down dooby doo down down. >> let's try to work out the permutations which enabled money, sex, in-laws, communication and children all to go down in the same month. that seems pretty dramatic. >> a gallup poll shows the number one cause of divorce is money. of course, during this last four or five years in economic recession as a pastor, i've had to deal with a lot of marriages under enormous stress when either one or both are out of the work. it puts additional stress on everybody. >> it really does, doesn't it? more than anything. people lose their sense of purpose. if they haven't got a job, for example. their sense of identity. their sense of self-worth. their pride. there's nothing worse than being unemployed in terms of your pride. >> one of the things i try to teach people is that your value has nothing to do with your valuables. that your self-worth has nothing to do with your net
approving a bill to ban the adoptions. it's scene as retaliation for a law signed by president obama imposing travel restrictions. the vote now goes to vladimir putin who's expected to sign it into law. >>> egyptian .mohamed morsi has signed the country's newly approved constitution into law. the upper house of parliament has convened its first session under the new charter. the new constitution was approved with more than 63% of the vote in two rounds of voting. turnout was low. the charter has polarized the country and resulted in sometimes violent protests. critics say it doesn't represent women, minorities and other groups. >>> there's a familiar face in the japanese prime minister's office. the parliament elected shinzo abe to lead the country five years after he abruptly resign. abe says his first mission is turning the country's economy around. and he's calling for safety tests on all nuclear plants. abe is the leader of the conservative liberal democratic party. he's japan's seventh prime minister in six years. [ male announcer ] break the grip of aches or arthritis pain with
could get done after january 3rd and that you wouldn't see a sharp drop. but there's a principle in law that you don't put a witness on the stand if you don't know what they're going to say. i think there's also a principle at work here that you don't dangle the possibility of a deal that you can't deliver. and i think the volatility in the markets and people i have spoken to agree with me, the volatility is in part because speaker boehner, scott brown, other people keep dangling the potential 6 a deal that isn't ultimately delivered and those expectations are the problem. so i think going forward into 2013 you won't necessarily see this because i think that maybe after the 3rd they will be smart enough on capitol hill to do a two-year deal, to get us to 2014 without having to do this annually. >> and if they don't, joy, aren't we just going to expend all the political capital that's left in this town on these kind of deals? there's not really going to be any time or energy to do anything else? >> you're absolutely right. you have imagrees reform, gun issues out there. the problem is we
of these people trying to leave the in-laws house. >> rick: we learned the other day that gretchen loves her in-laws. >> gretchen: exactly, because there was a study and the mother-in-law takes the hit. >> rick: there must be a few people who say i can only handle three days of her. i can't go home -- >> gretchen: are you going to help them out. >> rick: you might have to spend four or five days there, get ready. find some way tie a break. there will be really big storms. >> gretchen: let's talk about this morning with an extreme weather alert. deadly storm system that slammed the midwest, snow and tornadoes heading northeast this morning. >> oh, my god, look. that's a tornado. oh, wow. oh, jesus, look at that tornado. >> gretchen: so that tornado spotted in mobile, alabama. am i saying that correctly? >> rick: yeah. mobile. >> gretchen: okay, good. one of the hardest hit cities, tens of thousands of people there waking up the day after christmas now without power. >> when it calmed down, we looked and everything seemed green, like it was popping off transformers left and right. we heard a noise. i
that the affordable care act will begin to become fully finalized to law over the next couple of years. we keep hearing those on the conservative side or republicans raise concerns about what we'll do for the country. what is your view. now you're not part profit excess. you can speak more freely. is it going to be a good thing for the country? >> yes, it will. for one reason, as an example, right now we have 50 some billion dollars a year of uncompensated care. that means people don't have insurance don't have medicaid, medicare or private insurance, don't have military coverage or anything like that, so they are not insured. they have access to health care in the emergency rooms. if they taken in and can't pay and don't go through a bankruptcy or something like that, that costs that care doesn't just go away. it's shifted over to the rest of the us who have insurance. that's $50 billion. now, you stop and think about that it could be as much as $1500 per person who pay for those who don't. when you have everybody in the system, all insured one way or another, that uncompensated care goes away
into a frenzy over what another four years under the obama administration may hold for gun laws." an instructor at nova firearms re falls church, virginia, where hey nearly sold out of a.r.-15s and high-capacity magazines after newtown. so, ironically, this shooting is a.spiring more people to buy this gun, the a.r.-15, and these mgh-round magazines. >> if i could, i would give ynator feinstein and the president "salesman of the year" awards. s treporter: senator feinstein plans to introduce her bill to ban the sale or manufacture of assault weapons on the first day of the new congress in january. jim, that's expected to trigger unother flurry of gun buying. >> chip reid in washington, thank you. police in newtown got a break today. officers from nearby communities worked the shifts there so that the newtown p.d. could have ingsstmas off. it's been 11 days since the shootings. tiny christmas stockings with the names of the victims are hanging near sandy hook t allntary. a candlelight vigil is scheduled to last all day today. h6 candles-- one for each victim shot at the school. volunteers are ta
, what the new law will mean for you and why the victims of superstorm sandy feel left in the lurch. out of the hospital. late word tonight that hillary clinton has been released from the hospital. >>> constant craving. is one of the most popular ingredients in the american diet making us overeat. tonight, what scientists are able to see for the first time. >>> and making a difference. rebuilding a great american city with a simple bowl of soup and a lot of good ideas. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >> good evening, i'm kate snow in tonight for brian. after weeks of negotiations and last-minute hold-ups over the fiscal cliff, congress late last night finally passed an agreement on taxes and spending. in a moment, we'll tell you what that legislation means for every american. but it's what the house did not do last night that caused an uproar today. lawmakers left before considering a bill to help victims of superstorm sandy, and that had republicans from hard-hit states taking aim at leaders of
, get it passed by the house and the senate and signed into law by the president. we're talking a long shot here. now, want to show you the players. president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they ca
that i have heard articulated is that the sequester should be changed. the sequester in law would cut efally from defense and nondefense in the discretionary part of the budget. the republicans are trying to say no more cuts in the military spending. in fact, they want increases which would increase cuts elsewhere and that's something the democratic caucus is firmly against. i think the american people are against. so, the difference is over the sequester are not whether or not you put it off, as i understand it, but whether or not you alter it in a way that protects bases in germany and unneeded nuclear weapons and prolongation of the war in afghanistan, and instead make more cuts elsewhere. >> you know what the republicans, particularly conservative republicans, are arguing, and a couple of them rand paul, pat toomey, put out statements after these negotiations shut down tonight and basically said, look, here's what democrats want. democrats want essentially to take more money from the wealthy, from the top few percent, to pay for more government spending that doesn't help us with t
couples facing a higher tax burden. the bush-era tax law which eliminated the so-called marriage penalty for joint filers is expiring, meaning with couples with next as little as $80,000 would be subject to taxation at the rate of the higher earning spouse. a nationwide survey done byic which chick chicago-based northern trust, yes, they've been more proactive in planning for the cliff versus those with $1 million or less and finally, that same survey had 44% of high net worth individuals saying their top priority for the country is economic growth and reducing unemployment versus 19% for reducing the federal budget deficit. tax reform and to end the washington gridlock is also on the wish list, michelle. >> mine, too. >> thanks, hampton. >>> once again, the big story tonight, no fiscal cliff deal and not even a new offer from the white house. three days to go. president obama asked the senate leaders to try to make a deal. we'll get more on all of it from washington next. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive,
by law to temporarily postpone the date that the united states would otherwise default on its legal obligations. there is wiggle room. that is equivalent to two months of borrowing. >>> now to the other financial crisis that could mean higher taxes for all of us. will congress send the country over the fiscal cliff or will they come up with some sort of deal and hit the brakes? the senate returned today hopefully to come up with some kind of deal. dana bash is flling this on capitol hill. i imagine we're all working over the holidays and i fess we're going to be working as long as they are working. hopefully they're going to get something done. we heard from house speaker john boehner earlier today. where is this? clearly it looks like now it's in the senate's hands. >> that's right. it is absolutely in the senate's handings, has been effectively since the house speaker failed to pass his so-called plan b proposal last week. and so what is going on behind the scenes right now, suzanne, is the senate democratic leader is trying to figure out if he can cobable together enough votes, w
to be signed into law this is seen as retaliation for a new u.s. law that imposes travel and economic restrictions on human rights abusers in russia. >>> it was a black christmas? initial holiday numbers not very good. a report from master card said holiday sales growth slowed by more than half this year, and the weakest holiday shopping season since 2008. the report said shoppers were not in a subpoenai inspending m of the fiscal cliff threat and hurricane sandy. >>> box office gold for les miserables. it blew away all expectations. raking in $18 million on opening day. strong number one. and number two, jangle on chains, starring jamie fox and leonardo decap icaprio. and then the hob bot, parental guidance and jack reacher. >>> in the next half hour, we'll preview some of the top picks with christopher john farley of speak easy. "the wall street journal's" culture website. we'll look ahead to the movies. >>> ahead on "starting point," we showed you the winter weather in some parts of the country. the other danger? tornadoes. a man rolling the camera as he started to steer his family
is debating whether to sign it. the bill is in response to a new u.s. law calling for sanctions for russia found to have violated human rights 46 children about to be adopted by u.s. citizens will stay in russia, if the bill is signed. >>> president obama is cutting short his holiday to resume fiscal cliff negotiations. the white house says the president will leave hawaii tonight on a red-eye to washington. lawmakers have less than a week to come up to agreement on how to avoid tax increases and spending cuts set to go into effect january. the first lady and the couple's two daughters will remain in hawaii for another 10 days. >>> for the first time starbucks' employees are being asked to write other than names on cups. the chain is asking employees in washington, d.c. to scribble the words "come together." as a message to lawmakers to settle the fiscal cliff. >> some spots blue skies, some parts grey clouds. >> interesting the colors you will see out there rainbow colors out there and we've had some in the south baylor, i'll show you one from mountain view, san jose we just had moderate r
to settle this fiscal cliff issue. >> jipgs president morsi signed the country's new constitution into law today. >> he called on the opposition to the opposition restricted the new constitution. >> the parts were draft bid islamist leaders. morsi revoked sweeping powers he granted himself last month. saying they were in necessary to get a referendum on the constitution. >> in syria, president assad's commander says he was defecting and joining the open sismgs he was one of the most senior members of the inner circle saying he defected because the army had been turned into a gang to kill and destroy during the 20 month uprising against president assad. >>"Áq russia's parliament approved a measure to ban americans from adopting russian children. the bill is a resfons a new u.s. law calling for sanctions against russians found to have violated human rights. official says 46 children about to be adopted by american citizens will stay in russia if this bill is signed. >> nelson mandela is back home. the 94-year-old had been in the hospital since december 8th diagnosed with a lung inzpex had a
. the bill is in response to a new u.s. law calling for sanctions for russia found to have violated human rights 46 children about to be adopted by u.s. citizens will stay in russia, if the bill is signed. >>> president obama is cutting short his holiday to resume fiscal cliff negotiations. the white house says the president will leave hawaii tonight on a red-eye to washington. lawmakers have less than a week to come up to agreement on how to avoid tax increases and spending cuts set to go into effect january. the first lady and the couple's two daughters will remain in hawaii for another 10 days. >>> for the first time starbucks' employees are being asked to write other than names on cups. the chain is asking employees in washington, d.c. to scribble the words "come together." as a message to lawmakers to settle the fiscal cliff. >> some spots blue skies, some parts grey clouds. >> interesting the colors you will see out there rainbow colors out there and we've had some in the south baylor, i'll show you one from mountain view, san jose we just had moderate rain roll through downtown, da
phased out for more energy-efficient ones. >>> a new law in australia is banning ladies' nights. is it's part of an effort to tackle binge drinking but some bars found a little hole that says if the deal applies to everyone it's okay. so they might be offering drinks to men. >> despite the last-minute deal settled in the u.s. senate last night, the united states has technically fallen off the fiscal cliff as of now. the house has not voted and the president has not signed anything. why couldn't washington have solved this problem earlier? they have had it for over a year. did it have to be pushed to the very last second? i'm joined by debby dingle and ron myer. does it have to be done like this? >> i think all of us would like to see it not done like this, but i think the reality of what the tax increase would be to 100% of americans, i still think we're going to hear a lost static on the house side before you see that vote. it takes coming down to the wire, unfortunately, too much in washington to get the answer to occur. we're only punting. it's going to make march madness a new defi
a archaic 1947 law, unless the new bill is passed by december 31st, the government will be forced to buy vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >> the farm bill is like this low hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tens of billions of dollars in budget savings. and then they can figure out where else they need to cut spending after that. >> reporter: the secretary of agriculture tom vilsack has said his department is preparing a case the permanent law comes into effect. temporary solution is to attach a farm bill extension to the fiscal cliff legislation. harris? harris: is there anything besides milk we need to be aware of? are we looking potentially at higher prices among many farming commodities for example? >> reporter: yeah. it is not just the cows. it is the crops too. it is possibility the go
. >>> and this is interesting if you have been following the herbalife story. they're working with the law firm-by-schiller, in connection with the fight with billackman. shorting the company. last week he revealed he had been shorting the stock. the "wall street journal" saying it's not clear what counsel the corporate litigator could be offering herbalife, you can imaginin it's going to get tough and aggressive. at some point we've got to talk about julian -- julian robertson on twitter. if we'll consider that a headline. if he's on twitter -- >> did you know about this? >> no. >> there's a handle -- >> i've seen other people that it's obviously not them -- >> this could be him, though. and there's a big debate. a raging debate going on line about whether julian robertson is actually tweeting or not. you have a view? >> i -- i'm going shy away from this conversation other than -- >> we need to find out, though. >> other than to say it's a raging debate. >> i e-mailed him. this julian robertson -- >> how do you know you're e-mailing the right one? >> wow. >> because i have e-mailed with him pr
bill basically on january 1st or shortly thereafter, permanent agriculture law giffords back into place, 1949 law, sch means that the federal government will go back ft business of strongly supporting the dairy industry by raising the price support if you will or support for dairy products to $38 a hundred weight. that's almost double what the price of milk is today. that's going to ultimately ramp up so the consumers when they gt in the grocery store are a bit shocked when instead of seeing 3.60 for milk they see $7 a gal fon more milk. that will ripple through all the commoditie commodities. it impacted consumers and those concerned about the energy security of country because the farm bill promoting alternative energy sources and ways to create a biofuel industry that's robust and creates consumer choice. for those concerned about exports and the jobs connected to those, we lose the potential capacity to promote and market exports without a farm bill. if you're concerned about the ability to provide adequate nutrition, and you are a supporter of farmers markets and want to see an exp
boehner during the course of the negotiations and there is a tax quirk in the law that would actually impact income holders between 250,000 and 400,000, much higher and disproportionately than those who earn more than 400,000. obviously small businesses. but nevertheless, i think the bottom line is, that the senate has to step up to the forefront here and address this issue and reach an agreement, build a consensus, get the support of hopefully the majority of democrats and republicans and move it to the house of representatives. i think it would bill momentum. i do think it's crucial and in the final analysis that they will reach an accord on this critical matter. i think it would be horrific for the country if at this time, the final days of this legislative session that already has reached historic proportions of failure, that we would now culminate in failure to extend these tax cuts. >> senator, you sound willing to go ahead and agree to raising taxes on wealthier americans to preserve them for the middle class however that gets defined. what are you hearing among the rest of the
's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal, as i said at that time, was that we knew it didn't pass constitutional muster and that democrats were really serious they would proceed to a revenue bill that originated in the house, as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution so let's put that convenient talking point aside from here on out. last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. that having been said, we'll see what the president has to propose. members on both sides of the aisle will revi
that much leverage there because those rates go up by operation of law december 31st. i would focus on areas we have more leverage on. why would the president agree to raise that by -- >> i don't think you have so many republicans. that was one statement and the context was what is realistic as a deal given the president's adamant position he wouldn't compromise on anything above 200,0 $200,0 $200,000. let's get back to the theory. chuck had it right the first time. the more you sweep up the worst it will be for economy and small business and for workers. let me point out two interesting statistics. over half of the dividends paid by corporations go to people 65 years of age and older. in fact, a majority of adult americans own stock or -- let me just make this point so when the dividend rate goes up to 68.6% which is the combined corporate and dividend rate, "a," corporations aren't going to pay dividends, "b," if you are one of those seen are yos who get it you'll be taxed 68% and secondly the death tax. 55% rate -- >> let's go to the death tax. six of the wealthiest estates are the differ
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